$13bn Iraq-US deal cancelled due to corruption
25/07/2011 16:39
Baghdad, July 25 (AKnews) – A U.S. arms deal under which Iraq would buy $13 billion in weapons has been canceled after a request from the Iraqi parliament’s integrity committee.
The deal has been criticized for involving extensive financial corruption.
Member of the committee, Aliya Nussaif, told AKnews that the parliament has passed a request by the committee to legislate law to cancel Foreign Military Sales program (FMS) after “financial corruption” has been confirmed in the deal.
“Our request came after we saw details of the program which has been misappropriating large amounts of Iraqi money since the entry of the U.S. forces into Iraq,” Nussaif told AKnews.
“All Iraqi arms deals have been through this notorious program and which have provided eastern made weapons to Iraq,” Nussaif said.
Iraq ranks fourth in Transparency International’s Corruption Perceptions Index, with one being most corrupt.
The deal would have seen Iraq purchase F-16 fighters, Abrams tanks, and other heavy weaponry worth about US$13 billion.
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25/07/2011 16:39
Baghdad, July 25 (AKnews) – A U.S. arms deal under which Iraq would buy $13 billion in weapons has been canceled after a request from the Iraqi parliament’s integrity committee.
The deal has been criticized for involving extensive financial corruption.
Member of the committee, Aliya Nussaif, told AKnews that the parliament has passed a request by the committee to legislate law to cancel Foreign Military Sales program (FMS) after “financial corruption” has been confirmed in the deal.
“Our request came after we saw details of the program which has been misappropriating large amounts of Iraqi money since the entry of the U.S. forces into Iraq,” Nussaif told AKnews.
“All Iraqi arms deals have been through this notorious program and which have provided eastern made weapons to Iraq,” Nussaif said.
Iraq ranks fourth in Transparency International’s Corruption Perceptions Index, with one being most corrupt.
The deal would have seen Iraq purchase F-16 fighters, Abrams tanks, and other heavy weaponry worth about US$13 billion.
[You must be registered and logged in to see this link.]